Royal Bank of Scotland to close six Scottish Borders branches

Royal Bank of Scotland is to close 259 branches resulting in 680 job losses

Faye Gross
|
02 December, 2017, 00:55

The bank said it would manage job losses on a voluntary basis and that compulsory redundancies would be kept to a minimum.

The closures concern 62 Royal Bank of Scotland and 197 NatWest sites.

An RBS spokesperson commented: "More and more of our customers are choosing to do their everyday banking online or on mobile".

"We know that not all of our customers are comfortable or familiar with using online or mobile banking, so we have created a new specialist taskforce of NatWest TechXperts who will be dedicated to supporting our customers with training and support with digital skills until the branch closes".

"So we are investing in our more popular branches and shaping our network, replacing traditional bricks-and-mortar branches with alternative ways to bank including community bankers, mobile bank on wheels, and Post Offices, so that we can reach even more customers". "Now serious questions need to be asked about whether these closures mark the end of branch network banking", said Unite's Rob MacGregor.

The closures and job cuts follow similar moves by Lloyds and Yorkshire Building Society earlier this week.

He added: "The Royal Bank of Scotland has chose to decimate its bank branch network".

West Lancashire MP Rosie Cooper commented: "This is terrible and very disappointing news for Skelmersdale residents and for the staff at the branch whose future may be unclear at this point". The situation has sparked fears that some communities will be left without bank branches, with many still unfamiliar with online processes. British banks are set to close a record 762 branches this year Drawing criticism for depriving customers of face-to-face services - particularly in poorer parts of the country.

Last week, the Government also said that it is dusting off plans to re-privatise the lender by offloading around two thirds of its stake, bought at the height of the financial crisis.

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